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UDB turns public capital into jobs and factories

The lender approved Shs518.4 billion in new financing for 120 projects across Uganda and disbursed Shs502.2 billion NEWS ANALYSIS | JULIUS BUSINGE | Uganda Development Bank (UDB) is expanding its role as a source of long-term capital for businesses, with increased lending helping companies create jobs, raise production and strengthen their contribution … The post UDB turns public capital into jobs and factories appea

The Independent Uganda · 25 Aug 2026

Roofings Unveils $125m Steel Mill, Doubles Cold-Rolled Capacity to 300,000 Tonnes

KAMPALA, UGANDA — Roofings Group has commissioned a US$125 million advanced steel manufacturing complex in Namanve, marking a major expansion of Uganda’s capacity to process steel locally and produce higher-value products for the regional market. President Yoweri Kaguta Museveni inaugurated Phase IV Level 2 of the Ultra-Modern Danieli Cold Rolling Mill Complex at Roofings Rolling […] The post Roofings Unveils $125m S

SoftPower News · 25 Aug 2026